Public Goods Are Both

question 243

Multiple Choice

Public goods are both

• A)excludable and nonrival in consumption.
• B)nonexcludable and rival in consumption.
• C)excludable and rival in consumption.
• D)nonexcludable and nonrival in consumption.

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Definitions:

Pyruvate

A key intermediate compound in cellular metabolism formed from the glycolysis of glucose.

Alcoholic Fermentation

A biochemical process by which sugars are converted into ethanol and carbon dioxide by the action of yeast or bacteria.

Lactate Fermentation

An anaerobic metabolic process by which glucose or other six-carbon sugars are converted into cellular energy and the metabolite lactate.

Aerobic Respiration

A biochemical reaction where cells transform glucose and oxygen into energy, alongside producing carbon dioxide and water.